Ricardo Salinas: Mexican Billionaire on Bitcoin, Building Wealth, Capitalism and Legacy

Рет қаралды 46,800

Күн бұрын

Ricardo Salinas Pliego is the Mexican billionaire founder and chairman of Grupo Salinas, a conglomerate that includes TV Azteca, Grupo Elektra, Mazatlán F.C., Telecosmo, and Italika.
In this episode we discuss:
-Ricardo's origin story and career path
-Discovering Bitcoin and the best trade of his life
-Going from gold bug to Bitcoin maxi
-Capitalism vs crony capitalism
-Fixing the money to fix society
-Grayscale and spot Bitcoin ETFs
-Freedom vs. Control
-Education and Universita de la Libertad
-Legacy and meaning of life
Follow Ricardo on X x.com/RicardoBSalinas
Partners:
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🗒️ IN THIS EPISODE:
00:00 Intro
00:48 Unruly kid growing up
01:35 "I was always poor. I hate that feeling."
02:23 Building wealth working for family's company
04:35 Seeing the fiat system as a fraud
05:42 Discovering Bitcoin
07:54 Grayscale (GBTC)
09:01 "Bitcoin has a problem, which is custody."
10:52 Bitcoin Amsterdam, Fold app & debit card promos
12:01 Should I trust BlackRock with Bitcoin?
15:01 Working class has been robbed
15:39 Saifedean Ammous "The Fiat Standard"
16:33 Freedom vs. slavery
17:44 "I don't care about my reputation. I know what I am."
19:12 Is Bitcoin standard realistic?
20:12 Defining capitalism
22:55 Saifedean Ammous "The Bitcoin Standard"
23:47 Wealth "is not something to be ashamed of"
26:59 Coinkite ColdCard wallet, CrowdHealth, Orange Pill App promos
28:49 Inflation and deflation fear
30:08 "The vast majority of people are good people."
31:25 Will fixing monetary system reduce crime?
33:07 "Inequality is inherent to the human being."
35:59 Billionaires like Elon Musk
38:53 "How do I get out of paycheck to paycheck?"
40:12 Universidad de la Libertad
41:12 Ricardo Salinas legacy
42:35 Will the world be better for Ricardo's children and grandchildren?
💡 OTHER RESOURCES
Natalie’s website talkingbitcoin.com/
Ricardo's blog www.ricardosalinas.com/
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Producer: Aron Bender / aron-bender
DISCLAIMER This show is for entertainment purposes only and does not give financial advice. #bitcoin #cryptocurrency #money

Пікірлер: 345

@nataliebrunell 5 ай бұрын

Subscribe to never miss episodes of the Coin Stories Podcast with Natalie Brunell: kzfaq.info. Beware of impersonators and scammers on KZfaq and all social platforms. We will NEVER ask you for personal information or to send money anywhere. Links to our promotional partners are in the show notes. Thank you for watching!

@rdhamill 3 ай бұрын

Great interview. But a different angle.. an egalitarian system is possible as humanity advances, and Bitcoin is indeed a step towards it. But fiat per se is not the obstacle. It is the opacity and control, which has resulted in using the money system to exploit through the wrong kind of debt. If there was a system of widespread ownership of the money system it would become transparent. It could also be structured to empower all to own productive capital, at least equivalent to the basic needs of food, shelter, clothing... Eliminating the need for big govt and redistribution. Look up the Just Third Way thank you.

@gingerkilkus 10 ай бұрын

Biggest lesson i learnt in 2022 in the Bitcoin market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

@TomD226 10 ай бұрын

I stopped trying to predict market outcomes based on chart studying after 5 years of uncertainty. Not having a mentor caused me 5 years of pain. I learned to follow the market's direction and keep it simple with discipline.

@lowcostfresh2266 10 ай бұрын

@@TomD226 Impressive can you share more info?

@TomD226 10 ай бұрын

@lowcostfresh2266 There are many financial coaches who excel in their profession, but for the time being, I employ Laurel Dell Sroufe because I adore her methods. You can make research and find out more.

@fadhshf 10 ай бұрын

@@TomD226 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

@Paintbug 10 ай бұрын

Wow! Ricardo Salinas. Warm, inspirational, genuine, and a Bitcoiner to boot! What a great interview.

@sovereignruler 10 ай бұрын

Salinas is a national treasure. Listening to him for five minutes, and it's easy to understand why he's reached billionaire status.

@JorgeInzunzaAplusent 10 ай бұрын

😂😂😂

@GarrickFadel-xw2hb Ай бұрын

Great video and very straightforward. I don't see any other perfect time for one to invest in crypto and trade than now. I don’t think that buy and hold is a valid investment strategy anymore but trading is worth it and you make more money when you trade correctly. just made my first $100,000 in crypto and I barely know how to express how happy and excited I am right now. Its all about knowing what strategy to apply and when.

@GarrickFadel-xw2hb Ай бұрын

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Heinz. A widely known crypto consultant.

@RayanCortes-rn3ee Ай бұрын

Wow. I'm a bit perplexed seeing Alex Heinz been mentioned here also Didn’t know he has been good to so many people too, this is wonderful, I'm in my fifth trade with him and it has been super.

@GarrickFadel-xw2hb Ай бұрын

He mostly interacts on Telegram using the user name.

@GarrickFadel-xw2hb Ай бұрын

@alexDcoin THAT IS HIS USER NAME

@Arnaldoterry Ай бұрын

Just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

@NickNorton-xc2vy 8 ай бұрын

I NEED SOME GUIDANCE. MY TRADING IS CAUSING LOSSES. WHAT CAN I DO TO MAKE MONEY?

@CrossDame 8 ай бұрын

Profiting in the world of crypto and forex hinges on in-depth reading and mastering the art of market analysis, as well as psychological market management.

@JasonAnton-tj8jx 8 ай бұрын

I found myself stuck in a situation where I was consistently losing money on my account. Fortunately, I discovered Hailey Gassmann, a trustworthy expert who now manages my portfolio and helps me achieve weekly returns.

@GeorgePeev-ld7xi 8 ай бұрын

Hailey's name caught my eye in this context. I remember seeing her on TV. I invested with her, and her skills continue to yield me a steady profit.

@DianaKrichely 8 ай бұрын

I was initially unsure about the testimonials I heard, but I decided to give her a try. She's truly the answer to my secret prayers, and now I'm making a profit every week. No more losses, haha!

@TerryHemsworth 8 ай бұрын

I'm well-acquainted with Hailey. I caught her name on CNBC, and her impeccable market analysis is what distinguishes her from other brokers. I genuinely admire her impact on the crypto scene, and I'm sticking with her.

@nailbiting4fun156 10 ай бұрын

You're one of the BEST interviewers I've ever watched. Poised, confident, ask great questions, control your own talk time. some guy (me) on the internet is impressed lol Also, thank you for having someone from the latin community on!

@naplesbeachfan 10 ай бұрын

Señor Salinas. Eres una fuente de sabiduría. Eres un filósofo y un caballero. Según los polivoces: Muy bien muchachito, muy bien.

@icamusica2000 10 ай бұрын

You must be extremely ignorant to say such a thing. Lo que es, es ser un parasito del pueblo de Mexico robandole su trabajo a sus esclavos modernos hoy en dia llamados (''EMPLEADO/S'')

@Patrickmimi-it3uw 8 ай бұрын

It's an absolute honor to have you as a mentor. I've learned so much from your videos, particularly in making sound financial choices. It has truly transformed my life. Thank you for introducing me to Mrs. Michelle Barnett - working with her has been the best decision I've made.

@Jasonmike-rk6os 8 ай бұрын

It's great that you know Michelle Barnett, I have been trading with her platform for over eight months, earning over $18,950 by-weekly Her expertise has greatly benefited my financial journey.

@SharonHenry-eu4lx 8 ай бұрын

Michelle Barnett is really different from every other Broker, with my little invested $2,500 I made returns of $9,500 within a few days.

@YoungEddy-dn6vg 8 ай бұрын

How can I reach Michelle Barnett, does she have a telegram page??

@Patrickmimi-it3uw 8 ай бұрын

Yes, she does and is very accessible with the username.........

@Patrickmimi-it3uw 8 ай бұрын

@MichelBarnett

@ricardoperez5534 10 ай бұрын

Natalie, you and Ricardo hit it out of the park! I respect a man who has no problem tearing up when he speaks about what in life is most important, learned much! Keep up the great work, and may God richly bless you!🔥✝️🙏😎

@amanda-bitcasa 10 ай бұрын

So proud of the bitcoin-centric work Ricardo Salinas is doing especially here in Mexico we are blessed. Great interview! Thank you for this!

@fernandogonzalez549 10 ай бұрын

Thank you very much Natalie for this interview! Thank you for your effort to offer financial education and culture to more people in the world and especially with this interview for Mexico.

@DM-ry3ms 2 ай бұрын

So, I've been aware of Natalie for 2 or 3 years. But, I haven't listened to many interviews she's conducted. Well, I've started a couple weeks ago and my goodness, getting her guests on and getting them to open up, as in this interview, is amazing! So, important in getting the understanding of Bitcoin out there and what it can do for people. Go Natalie!

@persephone6601 10 ай бұрын

Thank you, Natalie , for this wonderful interview!! I did not have the pleasure, or the subsequent inspiration to meet & listen to Richardo until you introduced us. Thank you for the opportunity to meet such a genuine person! I shared this interview with my grandson who, like many young people in our messed up society are trying to find a way to build a life reflective of their own center of being. I listen to your channel regularly & am inspired by your enthusiasm & genuiness. I wish you continued success. Thank you

@Just_a_Katie 10 ай бұрын

Another great interview!! Love your heart and passion to help and educate people

@quantum_man 7 күн бұрын

This guy makes too much sense. What a Gentleman and Truth Teller. Brilliant Interview.

@NUCLYOS1 10 ай бұрын

😮 I was poor, but my father sent me to Disney world and owned a company that was also my grandfather’s. Your rich. Funny man!

@jhoncena1111 10 ай бұрын

Anyone who feels poor is not rich

@yeuemxuatdoi 3 ай бұрын

He compared his being poor with his rich friends...

@RyanContreras72 9 ай бұрын

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

@PhilSommer2 9 ай бұрын

That’s crazy, I’m just doing everything wrong with my portfolio.

@RyanContreras72 9 ай бұрын

The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year.

@brittanynicolette9473 9 ай бұрын

Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.

@KatherineAnderson-lm8bw 9 ай бұрын

Patience patience patience. It's a cycle.... a sucky point in the cycle, but a cycle nonetheless.

@alicebenard5713 9 ай бұрын

please who is the expert guiding you? i have lost so much as a beginner🥺 investing into stock without a proper guidance of an expert.

@JasonBitmarch 9 ай бұрын

Amazing show as always Natalie ❤️ Amazing interviews 👏

@awangjeme2531 3 ай бұрын

Real talk. I thank you Natalie for bringing such conversation. I hope you will bring more great people like him in future videos.

@JRis44 10 ай бұрын

Thnx for the content Natalie!

@rubenbojorquez4614 10 ай бұрын

Loved it Nat, thanks, Gracias Tio Richy, eres el mejor. No consintamos.

@mrarepa1034 10 ай бұрын

Thank you Nathaly your interview to Mr.Salinas is truly empowering and uplifting indeed !

@Agabusacts 9 ай бұрын

Wow this is a great interview and such a great guest to have! Congrats on landing him!

@frans.nadeak 4 ай бұрын

Thanks Natalie!

@jacquesdutoitpvt 10 ай бұрын

Banger talk. Firm believer in Bitcoin, the ability to create wealth and taking personal responsibility. Thanks Natalie for chatting with Ricardo. 💪🏼😎

@akcrypto-tomoontogether3509 10 ай бұрын

Thanks for great interview Natalie. Thank you, Mr Ricardo Salinas.

@franciscommontielrodriguez707 9 ай бұрын

great video gracias Natalie

@robertlevi3202 10 ай бұрын

Thanks Natalie

@A_Changed_Heart_Ministries 10 ай бұрын

Awesome interview, loved it, thank you 🙏🏼 😊

@jerrycrosby7887 10 ай бұрын

Pure enjoyment and knowledge. 🙏 Natalie 🙏

@nykowow 9 ай бұрын

Great interview

@mbaddah 10 ай бұрын

How can you not like this man? What a gem. Loved the interview. Thanks Natalie

@1984Albion 10 ай бұрын

Great show!!

@bigboiwaffle5076 10 ай бұрын

Great interview, thanks Natalie!

@kenhart8771 10 ай бұрын

Thx for sharing. Never knew Ricardo Salinas, however a pleasure and uplifting to listen to his views. Cheers from Scandinavia 🇩🇰🇸🇪🇳🇴

@ja.digital617 10 ай бұрын

NATALIE THANK YOU FOR AN INCREDIBLE INTERVIEW WITH RICARDO SALINAS!

@casamurphy 10 ай бұрын

Thank you very much for having Mr. Salinas on your show. He and Max Keiser are how I got into silver and then Bitcoin. I was so happy to see him come up on your list. I wasn't aware he had adopted Bitcoin.

@sinatra187 10 ай бұрын

Well done Natalie on this being one of my favourite episodes of yours. Salinas for King 👑

@dragonawaken7902 10 ай бұрын

great video thank you!!!

@SnowShredder81 7 күн бұрын

Great interview.

@pdinfull 10 ай бұрын

Thanks Natalie, I've always respected Ricardo, a real stand up guy.

@chrisk373 10 ай бұрын

So enjoyed this interview. You do such a great job… he even cried. Thank you Natalie!

@suunt12 10 ай бұрын

Well done Natalie. 🤜🤛

@samcan1000 10 ай бұрын

Excellent interview, and an excellent guest!

@DaranThach 10 ай бұрын

Great interview, Natalie.

@demariusparmer4497 10 ай бұрын

Good interview

@fazotakeiteasy 3 ай бұрын

That was a good interview. First time learning about Ricardo. We need more people like him to share his/her's story about the positive impact Bitcoin can do for the person and the person's generation.

@salsabus1 10 ай бұрын

Excellent video

@cherrera1010 10 ай бұрын

Wow! One of the best interviews!

@socioseneltiempo868 10 ай бұрын

Muy buena entrevista y opinión de un Gran empresario con mucho conocimiento en política monetaria ...y de la realidad que estamos viviendo con el avance de dinero crypto

@juanderful149 10 ай бұрын

Great interview!

@SeanNewton 10 ай бұрын

Well done Natalie, liked✅ & subscribed✅

@pedro_miguel_cotrim 10 ай бұрын

Great, great interview, very good job Natalie 🎉

@lorrainethomson9850 10 ай бұрын

Brilliant interview!

@dariolamoglia4195 10 ай бұрын

Great show, excellent guest. Thank you!

@frandithgimenz5920 10 ай бұрын

Great Interview what a Great Human and conscientious man

@a40anda47 10 ай бұрын

Second time watching after the Daniella one. Great interviews

@stopper90004 10 ай бұрын

"Milton Keynes" 😂😂😂

@tomtom9184 10 ай бұрын

I'm sure he meant John Maynard Friedman. 😅

@ja.digital617 10 ай бұрын

AWESOME!

@vladchijevich3479 10 ай бұрын

Great video. Thank you.

@andymalik21 10 ай бұрын

Great interview Natalie, pozdrawiam! 😊

@lanceallstun3766 10 ай бұрын

Natalie. Great interview. Loved your hair style and dress selection for this interview, too. I can only imagine how much consideration you give to those details! 😊

@rjames3981 10 ай бұрын

Very interesting 👌

@magi6969 10 ай бұрын

This man is so sensible. There are so many things he said which correctly describes society today.

@fredhaight2127 10 ай бұрын

Congrats Natalie to 70k subscribers-perplexing why you have not blown up yet. I don't understand KZfaq but you should have 1,000,000 subscribers based on who you are able to interview. Maybe next Bull Run people will look back on these interview and see that you were working hard to give us information for the future. Keep up the good work.

@senorgringopapi2059 10 ай бұрын

Love it. Wow.

@eossarasota5205 10 ай бұрын

Love this man. Not afraid to call things how they really are!

@jod5834 10 ай бұрын

dzieki!!!😊

@handyrams4822 9 ай бұрын

Ricardo has so many gold nuggets of wisdom.

@joaoverissimoalmeida2364 10 ай бұрын

Great Interview! Grande RICARDO!

@jsl909 10 ай бұрын

Great interview! I was not familiar with Ricardo Salinas. Thank You!

@bitcoinpoemspro1406 10 ай бұрын

So nice. Good interview.

@user-ey5zn5ho3k 10 ай бұрын

Smarter interviewer, ty

@cordovanbee 10 ай бұрын

Nicely don e interview!!

@johnp21M 10 ай бұрын

Great interview Natalie. You asked about guests get Luke Broyles on about his orange pill movie that he is shooting right now. Or Peter Dunworth about sending Bitcoin into the future ( time locking) it has MASSIVE implications and use cases. Really interesting information for all your listeners.

@kennycarneal6765 10 ай бұрын

Great guest! He knows that money may buy a little happiness, but it will NEVER buy you Joy! 😊

@omnipotentwiz5101 10 ай бұрын

Brother can poverty buy you joy.

@Huby7 10 ай бұрын

Dear Natalie, please interview Naval Ravikant. Thank you for your work.

@lolitanolita9107 10 ай бұрын

This man is awesome!

@markcantrell985 10 ай бұрын

KILLIN IT!!!!

@eduardocalsina4031 10 ай бұрын

Granpa is really based. You are also awesome Natalie!

@CaesarAugustusGbR 10 ай бұрын

Ricardo Salinas Pliego definitely one of the GOATS!

@joehitterman8620 10 ай бұрын

Wow- amazing guy!

@imad54321 10 ай бұрын

Fantastic conversation all around!! What about part 2, I was waiting to hear Ricardo critique billionaires like Bill Gates vs their unstoppable global negative impact. How can less government put a check on the power they wield? How does Ricardo raise his children wrt to the wealth they're swimming in (to make sure they're contributing to a prosperous future)?

@Boomer-Rocks 10 ай бұрын

Great interview. I always like getting a gold bug’s opinions on BTC.

@Cryptoandgains 10 ай бұрын

I LOVE THIS GUY

@DimiArhontidis 10 ай бұрын

That musk burn though. Epic.

@zebjaffer7813 10 ай бұрын

You've nailed an amazing interview here Natalie. Smashed the collab!

@midlifecrisis7888 9 ай бұрын

Tio Richiy!!!!

@AC-vp4ss 10 ай бұрын

This was a fantastic conversation! I love how Natalie pulled a Barbara Walters and made him tear up. Lol

@patrixdelfabbro2994 10 ай бұрын

There’s nothing to be proud being poor and there’s nothing good about equality... Don Ricardo Salinas is a legend, period!

@butchwells 10 ай бұрын

Great discussion with Ricardo Salinas...Bitcoin is the solution to our monetary scam

@user-dr7wj5lk7o 8 ай бұрын

Wow i used to think of him differently...good interview

@le_fauxinternational1632 8 ай бұрын

Cuz of AMLO? Lol😂

@user-dr7wj5lk7o 8 ай бұрын

@@le_fauxinternational1632 nah...not in that way...he still a white collar tax evader...hes an asshole just like everybody else

@powerstuffup 9 ай бұрын

That guy seems authentic

@Mr.Bitcoin_8-21M 10 ай бұрын

#27 🎉🎉🎉

@Mr.Bitcoin_8-21M 10 ай бұрын

Good morning 🎉🎉🎉

@terryparish7133 10 ай бұрын

I really like this guy hope to meet him someday !

@AngelBagatella 4 ай бұрын

14:47 for anyone wondering, that’s direct translation for “Responsible and Educated Politicians” 😂

@CRYPTO-FEVER 10 ай бұрын

I like this video and this channel and for the most part I agree with what this guy said besides the ETFs not being approved. I think he’s wrong about that, I think they will get approved simply from the institutions that are involved (they have money power connections and pull) they basically own a piece of the United States and the world, if they knew there was even 1% chance of them getting denied they would have never waisted the time or there records applying!